Common use of Retirement Pension Benefits for Employees Hired before May 10, 2012 Clause in Contracts

Retirement Pension Benefits for Employees Hired before May 10, 2012. (i) The District is a participant in the California Public Employees’ Retirement Plan, currently CalPERS 2.5 % @ 55 retirement plan. One‐year Final Compensation (1 yr. FAC).

Appears in 6 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Retirement Pension Benefits for Employees Hired before May 10, 2012. (i) The District is a participant in the California Public Employees’ Retirement Plan, currently CalPERS 2.5 2.5% @ 55 retirement plan. One‐year Final Compensation (1 yr. FAC).

Appears in 2 contracts

Samples: Memorandum of Understanding, nidwater.specialdistrict.org

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